The only option available to those of us (me) who purchased the car after September 18 2015 is an Approved Emissions Modification (providing the car lasts until approval). I believe our friends south of the border had the option of a buyback at a lesser amount than those who owner their car prior to September 18th.
Who pays for failed emission components from now until the time the Emission Modification is approved?

If you select the Approved Emissions Modification, you will receive the modification at no charge and a transferable extended emissions warranty, plus a cash payment.

So if I am reading right...the only way to get any compensation on tax value of equity of vehicle is to trade it on another VW. Otherwise you get nothing tax reimbursement.

If your buyback is equal to payout on loan which is likely a lot of cases, this would be no different than any other brand. The only thing VW is giving us is the cash value (say 5000.00). This would be mostly used up paying tax on new replacement brand X bought straight out.
Thus if you bail from VW you get exactly 0 for all the crap and drama. If you by another VW you get at least your buyback cars tax value credited toward new VW. A sneaky way to force you to buy another VW or lose another chunk of change. Unless there is a way to get credit for this tax value on purache of another non VW?

I feel bad, cause I love the car, but I'm so backwards in it, that it's makes more financial sense to do the buy back

I don't feel that VW did me wrong, but it doesn't make much sense financially to hold onto the car

Unfortunately I feel the same way. I think the best plan for me would be to give this car back but get into a newer TDI.....the only way i see doing this is by buying one from a non-w dealer in the very near future. Maybe something to think about?

That's the dilemma, no TDIs to be offered in the short future, might have to jump ship and get a ecodiesel or Colorado i've been eyeing up

If the buggers would just bring the Amarok, Atlas or Tiguan in diesel, I might stick around

Quote:

Originally Posted by paperthin

Unfortunately I feel the same way. I think the best plan for me would be to give this car back but get into a newer TDI.....the only way i see doing this is by buying one from a non-w dealer in the very near future. Maybe something to think about?

That's the dilemma, no TDIs to be offered in the short future, might have to jump ship and get a ecodiesel or Colorado i've been eyeing up
If the buggers would just bring the Amarok, Atlas or Tiguan in diesel, I might stick around

did you not see '******'s reaction to Dieselgate'? the Americans got what they wanted, a three-row SUV. VW is going to abandon North America (including Canada) and you will NEVER see another new diesel here, especially Amarok. quite dreaming and get back to work...

If you choose a Buyback, Volkswagen will offer to buy back your vehicle at its Vehicle Value and provide an additional cash payment based on your Settlement Class Member category (see Question H). Vehicle Value is your vehicle’s wholesale value on September 18, 2015, as independently determined by Canadian Black Book, Inc. (“CBB”), based on your vehicle’s brand, model year, model, trim level, factory options and mileage at the time that the offer is made.

Not sure what wholesale value on my 2011 Jetta Highline with 244,000 Kms now (probably 220,000 kms in Sept 2015) was worth then.

I am guessing $8,000?
Buyback $5,500
Total Payment $13,500

I think I came out good from this as I bought the car in Sept 2013 for $13,850 (exc HST) drove it for just over 3 years and will get $13,169 (exc HST). This excludes the $1K in VW gift cards. My calculations exclude any maintenance e.g. T/Belt, 2 new tires, DSG service and brakes that were replaced.

What annoys me is that VW Canada is only giving wholesale value for VW's for buyback but market value for trade ins?